Deflators

Do output and GDP deflators apply to all models? I have an Institutional Spending Pattern model looking at household spending in which I cannot tell if Output and GDP deflators are being applied. If they do apply, is there a way for me to manually alter these deflators for certain event years? I am on a very tight deadline, so if someone could respond in short order, it would be much appreciated.
Thanks,
Andrew

Comments

Hi Andrew!
Output deflators are indeed applied to the coefficients in spending patterns - they are applied behind-the-scenes and don't show up by way of changed Event values. However, you can prove it to yourself by setting the LPPs to 100% and then clicking the "Preview" button - there you will see the deflated values and you will notice that the Sum of Event Values is no longer 1.00.

Thank you for the reply. My analysis uses an Institutional Spending Pattern model looking at household spending out through 2045. IMPLAN event years only go out to 2030. How can I apply an event year after 2030 in this model?
Thanks,
Andrew